Bad loan problems at state-run banks have so far been resolved through massive taxpayer-funded bailouts. There must be a revaluation of a broken credit culture that virtually protects big borrowers.
Central Bank Digital Currency
A central bank digital currency is a new form of money unlike any of its previous manifestations. The ability of individuals and businesses to hold and make electronic payments using a CBDC will have…
Indian Banking Reforms
With most of India’s attempts to reform its financial sector rolled back post demonetisation, the country could soon be facing a possible solvency crisis amongst state-run banks. The government must…
M. S. Sriram
Learning from Crises
India's banking regulation has come this far through a process of learning from a series of bank failures in the last century. But it might not be adequate to meet present and future threats.